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Shell, Mitsubishi and Vattenfall unveil huge green hydrogen plan for German coal plant

Hamburg eyes 100 MW green hydrogen project with Shell, Mitsubishi, Vattenfall

By Reuters Staff 2 Min Read FRANKFURT, Jan 22 (Reuters) - Hamburg’s municipal heating company and Shell, Mitsubishi (MBI) and Vattenfall have signed a letter of intent to develop a 100 megawatt (MW) hydrogen electrolysis plant, the city state said in a statement on Friday. Electrolysis is a carbon-free process - if powered by renewable electricity - to extract “green” hydrogen from water and a key technology in Germany’s plan to decarbonise its economy by 2050. The envisaged size of the Hamburg plant is in line with a number of such other initiatives, bringing the hydrogen push in Europe’s biggest economy closer to commercially viable output levels.

Shell, Mitsubishi Heavy Industries, Vattenfall and Warme Hamburg sign Letter of Intent for 100MW Hydrogen Project in Hamburg

(2) TOKYO, Jan 22, 2021 - (JCN Newswire) - The companies Shell, Mitsubishi Heavy Industries (MHI), Vattenfall and municipal company Warme Hamburg are planning how they can jointly produce hydrogen from wind and solar power at the Hamburg-Moorburg power plant site and utilize it in its vicinity. To this end, the four companies have now signed a letter of intent. In addition to the construction of a scalable electrolyser with an initial output of 100 megawatts, the further development of the site into a so-called Green Energy Hub is planned. This includes the exploration of the extent to which the existing infrastructure of the Moorburg location can be used for the production of energy from renewable sources. In this context, concepts for the necessary logistics chains and storage options for hydrogen will also be considered. Subject to final investment decision and according to the current state of planning, once the site has been cleared, the production of green hydrogen is antici

Energy Shares Plunge As Oil Rally Stalls

Energy Shares Plunge As Oil Rally Stalls By Tom Kool - Jan 22, 2021, 2:00 PM CST Energy shares were hit hard as the oil rally came to a halt, with new lockdowns reigniting oil demand fears With 2021 shaping up to be one of the most important years for the energy sector in modern history, there is no better time to become an Oilprice.com premium member. Friday, January 22nd, 2021 Oil posted some losses at the close of the week, with Brent dipping back below $55 per barrel and WTI down below $52. More travel restrictions in Hong Kong, Shanghai, and the UK led to demand pessimism, and a temporary jump in the dollar also weighed on crude. 

Shell, Mitsubishi Heavy Industries, Vattenfall and Wärme Hamburg Sign Letter of Intent for 100MW Hydrogen Project in Hamburg

Shell, Mitsubishi Heavy Industries, Vattenfall and Wärme Hamburg Sign Letter of Intent for 100MW Hydrogen Project in Hamburg
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